Cambridge United seeks new investor by year's end amid playoff push

Cambridge United chief executive Alex Tunbridge has expressed optimism about announcing a new investor by the end of the year. The club, which is currently fourth in League One with an unbeaten run of 10 matches, is actively negotiating with a preferred party and has applied to the English Football League for approval. Tunbridge emphasized the need for an individual who can contribute skills and experience, steering away from seeking out large-scale financial backers. The club aims for realistic ambitions while continuing its successful transition after promotion from League Two last season.

• 12:17 PMYahoo Sports — Cambridge hopeful of new investment by end of year